Eagle Point Income Company Inc.

NYSE:EIC Stock Report

Market Cap: US$208.1m

Eagle Point Income Dividend

Dividend criteria checks 3/6

Eagle Point Income is a dividend paying company with a current yield of 14.94% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 10th June, 2024.

Key information

14.9%

Dividend yield

74%

Payout ratio

Industry average yield2.3%
Next dividend pay date28 Jun 24
Ex dividend date10 Jun 24
Dividend per sharen/a
Earnings per shareUS$3.21
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Eagle Point Income Issues 3rd Term Preferred Stock

May 08

Eagle Point Income: A Less Risky CLO Alternative To ECC

Apr 22

Eagle Point Income: The 2026 Term Preferred Shares Offer A 8% YTM

Jan 07

EIC: 15% Annual Returns For Past 3 Years And Still Soaring

Nov 15

Eagle Point Income: I'm A Buyer Of The 7.75% Preferred Shares

Sep 25

EIC: 0% Returns Since Inception, Here Are Two Alternatives For The Next Two Years

Jun 01

Eagle Point Income Company GAAP EPS of $0.88

Feb 22

Eagle Point Income Company GAAP EPS of -$0.51

Nov 15

Eagle Point Income Company dividend raises by 12% to $ 0.14

Aug 12

Eagle Point Income: A Sustainable Step-Up In Income For This 10%-Yielding CLO CEF

Jun 07

Eagle Point Income: A Unique Value In Our Current Environment

Mar 27

EIC Vs. HYG: An In-Depth Comparison Of 2 High Yield Options

Nov 19

Eagle Point Income: More Income, Less Risk, And A Fund Institutional Investors Love

Oct 16

Eagle Point Income Company Inc. 2020 Q3 - Results - Earnings Call Presentation

Nov 17

Eagle Point Income Company declares $0.08 dividend

Nov 13

Upcoming Dividend Payment

TodayMay 30 2024Ex Dividend DateJun 10 2024Dividend Pay DateJun 28 202418 days from Ex DividendBuy in the next 10 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: EIC has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: EIC's dividend payments have increased, but the company has only paid a dividend for 5 years.


Dividend Yield vs Market

Eagle Point Income Dividend Yield vs Market
How does EIC dividend yield compare to the market?
SegmentDividend Yield
Company (EIC)14.9%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.8%
Industry Average (Capital Markets)2.3%
Analyst forecast in 3 Years (EIC)n/a

Notable Dividend: EIC's dividend (14.94%) is higher than the bottom 25% of dividend payers in the US market (1.54%).

High Dividend: EIC's dividend (14.94%) is in the top 25% of dividend payers in the US market (4.79%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (74.4%), EIC's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: EIC is paying a dividend but the company has no free cash flows.

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